INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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A MAN IN COURT FOR STEALING 20 PAIRS OF SHOES.

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                                                                                       A 25YR OLD LABORER MR MUSA HARUNA TODAY APPEARED BEFORE AN OSHODI MAGISTRATE COURT IN LAGOS,CHARGED WITH STEALING OF 20 PAIRS OF SHOES.THE ACCUSED ON OCTOBER 4TH AT ABOUT 2AM BURGLED SHOP F 12 AT ARENA SHOPING PLAZA,BOLADE OSHODI LAGOS BELONGING TO MRS JOY IKE.HE CAME WITH PROFESSIONAL TOOLS AND THE SECURITY GUARD ATTACHED TO THE PLAZA SAW THE ACCUSED GOING OUT OF THE PLAZA WITH A GHANA MUST GO FULL WITH SHOES ON HIS HEAD.WHEN QUESTIONED HE CLAIMED TO BE AN ORPHAN AND NEEDED MONEY TO FEED.THE ACCUSED,PLEADED NOT GUILTY TO THE CHARGE.THE MAGISTRATE MR AKEEM FASHOLA,GRANTED THE ACCUSED 100,000 NAIRA BAIL WITH ONE SURETY IN THE SUM AND ADJOURNED THE CASE TILL OCTOBER 31 FOR MENTION.

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